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Announced

Completed

Softbank and GIC led a $200m Series C funding round in Addi.

Synopsis

Investment managers Softbank and GIC led a $200m Series C funding round in Addi, a developer of point-of-sale lending and consumer finance services application, with participation from Goldman Sachs, Andreessen Horowitz, GGV, Greycroft, monashees Capital and Union Square Ventures. In order to pursue its goal of a five-fold growth increase next year, Addi plans to expand to other markets, in addition to Brazil and Mexico.

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